IONIC GROUNDWORKS LTD

Active Exeter

Renting and leasing of construction and civil engineering machinery and equipment

0 employees website.com
Property, infrastructure and construction Civil engineering & infrastructure Renting and leasing of construction and civil engineering machinery and equipment
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IONIC GROUNDWORKS LTD

Renting and leasing of construction and civil engineering machinery and equipment

Founded 28 Jul 2020 Active Exeter, England 0 employees website.com
Property, infrastructure and construction Civil engineering & infrastructure Renting and leasing of construction and civil engineering machinery and equipment
Accounts Submitted 22 Dec 2025 Next due 31 Dec 2026 7 months remaining
Confirmation Submitted 8 Aug 2025 Next due 10 Aug 2026 2 months remaining
Net assets £251K £91K 2023 year on year
Total assets £9M £6M 2023 year on year
Total Liabilities £9M £6M 2023 year on year
Charges None No charges registered

Contact & Details

Contact

Registered Address

Orchard House Clyst St. Mary Exeter Devon EX5 1BR England

Telephone

0800 000 0000

Website

www.example.com

Full company profile for IONIC GROUNDWORKS LTD (12773217), an active property, infrastructure and construction company based in Exeter, England. Incorporated 28 Jul 2020. Renting and leasing of construction and civil engineering machinery and equipment. View financials, directors, shareholders, and filings.

Business Summary

This company specializes in providing innovative solutions and services across multiple sectors.

Products & Services

consulting software analytics integration

Reports

Credit Report

In-depth credit score, financial analysis, risk assessment and company intelligence.

Financials

Financials

Period 1 Jan → 31 Dec 2023
Type Total Exemption Full
Next accounts 31 December 2024
Due by 30 September 2025 9 months

Net Assets, Total Assets & Total Liabilities (2020–2023)

Cash in Bank

£3.28k

Increased by £3.11k (+1808%)

Net Assets

£250.55k

Increased by £90.80k (+57%)

Total Liabilities

£8.78M

Increased by £6.22M (+243%)

Turnover

N/A

Employees

N/A

Debt Ratio

97%

Increased by 3 (+3%)

Financial History

Revenue, profit, EBITDA and key financial figures

2023
Dec Year End
2022
Dec Year End
P&L
Revenue
£142.3M
£128.7M
Gross Profit
£48.2M
£43.1M
Operating Profit
£22.4M
£19.8M
Net Profit
£18.1M
£15.9M
EBITDA
£31.5M
£28.2M
Assets
Cash
£24.7M
£21.3M
Total Assets
£89.4M
£82.1M
Liabilities
Total Liabilities
£45.2M
£41.8M
Key Metrics
Employees
1,247
1,156
Latest Revenue
£142.3M
Latest EBITDA
£31.5M
Cash Position
£24.7M

Funding

Fundraising & Grants

No fundraising or grants recorded

Investors (0)

No investor information available

Officers

Officers

2 active 1 resigned
Status
Gareth Christopher HughesDirectorBritishEngland4228 Jul 2020Active
Max William Simon AshtonDirectorBritishEngland6523 Mar 2022Active

Shareholders

Shareholders (7)

Tag Holdings Ltd
50.0%
50
Tag Holdings Ltd
21.0%
21

Persons with Significant Control

Persons with Significant Control (1)

1 Active 6 Ceased

Tag Holdings Ltd

United Kingdom

Active
Notified 5 Dec 2023
Nature of Control
  • Ownership Of Shares 50 To 75 Percent,voting Rights 50 To 75 Percent,right To Appoint And Remove Directors

Gareth Christopher Hughes

Ceased 24 Jul 2023

Ceased
Ceased

Max Ashton

Ceased 24 Jul 2023

Ceased

Copper Tree Group Limited

Ceased 24 Jul 2023

Ceased

Tag Holdings Ltd

Ceased 23 Mar 2022

Ceased

Tag Holdings Ltd

Ceased 24 Jul 2023

Ceased

Group Structure

Group Structure

TAG HOLDINGS LTD united kingdom
IONIC GROUNDWORKS LTD Current Company

Charges

Charges

No charges registered

Properties

Properties

0 total

No related properties

Documents

Company Filings

DateCategoryDescriptionDocument
22 Dec 2025AccountsAnnual accounts made up to 31 Mar 2025
8 Aug 2025Confirmation StatementConfirmation statement made on 27 Jul 2025 with updates
5 Feb 2025OfficersChange to director Mr Gareth Christopher Hughes on 3 Feb 2025
23 Dec 2024AccountsAnnual accounts made up to 31 Mar 2024
4 Oct 2024Persons With Significant ControlCessation of Harrington Homes (Sw) Limited as a person with significant control on 5 Dec 2023
22 Dec 2025 Accounts

Annual accounts made up to 31 Mar 2025

8 Aug 2025 Confirmation Statement

Confirmation statement made on 27 Jul 2025 with updates

5 Feb 2025 Officers

Change to director Mr Gareth Christopher Hughes on 3 Feb 2025

23 Dec 2024 Accounts

Annual accounts made up to 31 Mar 2024

4 Oct 2024 Persons With Significant Control

Cessation of Harrington Homes (Sw) Limited as a person with significant control on 5 Dec 2023

Recent Activity

Latest Activity

Annual accounts made up to 31 Mar 2025

4 months ago on 22 Dec 2025

Confirmation statement made on 27 Jul 2025 with updates

9 months ago on 8 Aug 2025

Change to director Mr Gareth Christopher Hughes on 3 Feb 2025

1 years ago on 5 Feb 2025

Annual accounts made up to 31 Mar 2024

1 years ago on 23 Dec 2024

Cessation of Harrington Homes (Sw) Limited as a person with significant control on 5 Dec 2023

1 years ago on 4 Oct 2024